SAO PAULO (Reuters) – Payments company Fiserv has reached a deal with Brazilian state-controlled lender Caixa Economica Federal to offer its card services to the bank’s clients, according to a securities filing on Monday.
The deal estimates a total payment volume processed of 457 billion reais ($84.06 billion) throughout the next 20 years. The value of the deal has not been disclosed.
($1 = 5.4364 reais)
(Reporting by Carolina Mandl; Editing by Christopher Cushing)
